Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Voyageur Secures First International Sales Contract worth US$1.9 Million (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

HomeStreet Inc HMST

Financial Services
HomeStreet, Inc. is a diversified financial services company. The Company is principally engaged in commercial banking, mortgage banking and consumer/retail banking activities serving customers primarily in the Western United States. It operates through its subsidiaries, which include HomeStreet Bank (the Bank), HomeStreet Statutory Trusts and HomeStreet Capital Corporation. The Bank provides commercial banking products and services to small and medium sized businesses, real estate investors and professional firms and consumer banking products and services to individuals. The Bank offers consumer and commercial banking, mortgage lending and loans for residential construction, commercial real estate financing, and insurance products and services on the West Coast and Hawaii. The Company’s commercial loan portfolio is comprised of the non-owner occupied commercial real estate (CRE), multifamily, construction and land development, owner occupied CRE and commercial business loan classes.


NDAQ:HMST - Post by User

HomeStreet Inc
Bullboard Posts
User Avatar Image
(0)
•••
Post by azam101on Aug 29, 2012 6:02am
292 Views
Post# 20272861

What am I missing?

What am I missing?

I just wanted your opinion about the following company HomeStreet Inc. (Ticker: HMST) in my portfolio. The company to me looks  impressive:

- Management (Mark Mason turnaround expert).
- Good and improving Capital Adequacy Ratios.
- increasing NIMs
- Truly impressive mortgage origination and reselling business.
- Seattle Area Economy and Housing is making significant recovery.
- ROE is 35%, PE 3.5 times, P/B is 1.1 times.
 
I appreciate if some of you can take a look and tell me what am I missing??
 
Regards
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities